1144: 3P
Risk Management CBE: Risk Management Plan Draft
Overview and Rationale
In order to demonstrate proficiency with the content in this course and allow you to implement relevant practices a real-world setting, you are asked to apply the various competencies presented in this course to a project of your choosing.
Program and Course Outcomes
The following learning objectives are addressed through these assignments
LO1-Craft an approach for risk management
LO2-Articulate the value and benefits of creating an effective approach to planning for project risk management
LO3-Integrate best practices, tools and techniques to identify project related risks
LO9-Explores issues, ideas, artifacts, and events before accepting or formulating an opinion or conclusion
LO10-Effectively exchanges accurate, appropriate, and relevant information with stakeholders by using suitable methods (mix of text, data, and images)
Essential Components
1. Project Background where you provide information about the project. This includes a basic scope statement. Remember that this project must be large enough to develop a comprehensive risk approach.
2. Risk Management Plan that outlines your approach to risk. Though you may not know all the sections you will need to include, you should begin to identify how you will approach your risk work and focus on the structure of the document. Remember that you may develop your own approach based on your organization's best practices in project risk management and/or utilize effective processes/ tools/ techniques based on reading/ research you may do.
Cite any sources. The writing style should be concise and straightforward. Please use a 12 point font.
There is no specified format or template for the report.
Assignment Rubric
|
Category |
Above Standard |
Meets Standards |
Approaching Standards |
Below Standards |
Not Evident |
|
Risk Management Plan Component (50%) |
Goes beyond the required components to apply project management in an innovative, tailored, and value-added way. |
Clearly and cohesively addresses all of the standard components of risk management are addressed per PMBOK guidelines with specificity that demonstrates understanding of both the environment and organization. |
Clearly articulates standard components of risk management per PMBOK guidelines, incorporating environmental and organizational factors. |
Addresses the standard components of risk management per PMBOK guidelines, but lacks clarity or cohesiveness, or does not address organizational or environmental factors. |
Does not articulate standard components of risk management per PMBOK guidelines. |
|
Integration of Risk Plan (10%) |
Goes WELL above requirements of the assignment to integrate all sections of the work plan in such a way to ensure that the risk work will carry through the project. |
Cohesively and concisely integrates all sections of the work plan in such a way to ensure that the risk work will carry through the project. |
Integrates all sections of the plan and carries through the risk work. |
Integrates some sections of the plan or the plan does not carry through the risk work. |
Does not integrate sections of the plan to carry through risk work. |
|
Environmental Factors (10%) |
Goes WELL above requirements of the assignment to address organizational and environmental factors. |
Explicitly addresses organizational and environmental factors with detail that displays insights into the organization. |
Explicitly addresses organizational and environmental factors in developing the risk management plan. |
Generally addresses organizational and environmental factors in a vague or cursory manner. |
Does not discuss organizational and environmental factors in the risk management plan. |
|
Critical Thinking (10%) |
Professional insights into depth and breadth of assignment - goes WELL beyond assignment requirements to explore risks and/or relevant new techniques. |
Comprehensive explanation of the issue; exploration of expert viewpoints and use of evidence to inform interpretation and analysis; thorough evaluation of the context (historical, ethical, cultural, environmental or circumstantial settings), and self and others’ assumptions and perspectives when stating a position; well-informed conclusions based on methodically prioritized evidence and perspectives. |
Includes an explanation of the issue; exploration of expert viewpoints and use of evidence to inform interpretation and analysis; includes an evaluation of the context (historical, ethical, cultural, environmental or circumstantial settings), and self and others’ assumptions and perspectives when stating a position; conclusions are based on methodically prioritized evidence and perspectives. |
Includes a general explanation of the issue but is vague or is not clearly linked to the identified risks; includes some exploration of expert viewpoints and use of evidence to inform interpretation and analysis; includes a general evaluation of the context (historical, ethical, cultural, environmental or circumstantial settings), and self and others’ assumptions and perspectives when stating a position, but lack specificity; conclusions are based on prioritized evidence and perspectives. |
Does not explain the issue; does not explore expert viewpoints or use evidence to inform interpretation and analysis; does not provide an evaluation of the context (historical, ethical, cultural, environmental or circumstantial settings), and self and others’ assumptions and perspectives when stating a position; conclusions are not based on prioritized evidence and perspectives. |
|
Communication (10%) |
Goes well beyond assignment requirements to communicate information in a precise, insightful and professional manner. |
The Risk Management Plan is well organized, and the format can be followed. It is evident to reader what is contained in each section of the document. Sections of the risk management plan are integrated but not redundant or contradictory with other sections. High quality grammar. No misspellings. |
The Risk Management Plan is organized, and the format can be followed. It is generally evident to reader what is contained in each section of the document. Sections of the risk management plan are integrated but may be redundant or contradictory with other sections. High quality grammar. No misspellings. |
The Risk Management Plan is somewhat organized, and the format can be followed. It is not generally evident to reader what is contained in each section of the risk management plan document. There is some integration between sections and there is some redundancy or contradiction with other sections. Good quality grammar. Minor misspellings. |
The Risk Management Plan is not organized. It is not evident to reader what is contained in each section of the risk management plan document. Sections are not integrated and there are major redundancies or contradictions with other sections. Low quality grammar, misspellings. |